[BULLISH]: ASX Midcap50 currently has a confirmed uptrend. Recent trading has caused the SWMA 15 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SWMA15 is 0.4%.

[BULLISH]: ASX Midcap50 currently has a confirmed uptrend. Recent trading has caused the WMA 15 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on WMA15 is 0.4%.

[BULLISH]: ASX Midcap50 currently has a confirmed uptrend. Recent trading has caused the TMA 15 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on TMA15 is 0.4%.

[BULLISH]: ASX Midcap50 currently has positive rate of change of 5.782%. This means the current price is greater than the price 14 days ago and therefore gaining momentum & is a leading indicator of price movement in the upward direction

[BULLISH WEAK]: ASX Midcap50 opened in the lower part of daily range at 0% & closed in the middle part of the trading range at 52.9%. This suggests the buyers have lost commitment. Over the last 12 months there has been 1 trading days with the opening price in the lower shadow & the closing the price in the middle shadow giving a confirmation ratio of 0.4%. Over the last month there has been 1 trading days with the opening price in the lower price range & the closing the price in the middle price range giving a confirmation ratio of 7.1%.

[BULLISH]: ASX Midcap50buyers are keener than sellers and are driving the price up. There has been 5 consecutive days of price rise for XMD adding strength to an uptrend in the first timeframe. The biggest upward movement this month has been 2.1 & the greatest daily positive change this year has been 2.1. The longest consecutive upswing rally over the last 12 months has been 6 days giving a total rally upward movement of 9.4%. This quarter, the largest upswing rally has been 5 days giving a total rally upward movement of 4.6%. The win ratio for price rise in the first timeframe for the last 12 months is 0x giving a total win/loss ratio of 5x. Over the last month the average daily upward movement has been 0.600000%

[BULLISH]: ASX Midcap50 currently has a confirmed uptrend. Recent trading has caused the SMA 15 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SMA15 is 0.4%.

ASX Midcap50 has broken the first DeMark support point ($6478.48) [Bearish]. Look for a short limit order entry near this point. Exit price for XMD should be set @$6458.9500 & short position stoploss for ASX Midcap50 should be set at $6512.05

[BULLISH]: ASX Midcap50 currently has a confirmed uptrend. Recent trading has caused the EMA 15 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on EMA15 is 0.4%.